Strengthening JSW’s Paint Push
01 Jul 2025 Editorial Team
Under the leadership of Parth Jindal, JSW Paints continues to chart bold moves
in India’s fast-growing paints and coatings sector. In a bold move that marks a
turning point for the Indian paints industry, JSW Paints, has announced the
acquisition of up to 74.76 per cent stake in Akzo Nobel India (ANIL) for `89.86
billion. This strategic deal with the Dutch parent Akzo Nobel N.V. brings globally
recognised brands like Dulux, Sikkens and International into JSW’s portfolio. The
acquisition catapults JSW Paints into a stronger competitive position in both
decorative and industrial coatings, enhancing its presence in a sector poised for
rapid growth. After combining Akzo Nobel's market share of 6.2 per cent, JSW's
total market share stands at 9.2 per cent. Parth Jindal is the Managing Director
of the company.